Investor Weekly News Update | July 31, 2023
The Wealth Elevator Podcast: Real Estate, Taxes, Investing · The Wealth Elevator Podcast
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Show Notes
Ever wanted an insider's view on the latest in investor news? Well, you're in luck! Tune in as we dissect the Fed's decision to increase interest rates and explore how it reverberates across sectors like workforce housing. Now, you might be wondering what asset class Blackstone just unloaded? We've got you covered, as we delve into their recent decision to sell their self-storage portfolio to Public Storage for a whopping $2.2 billion - a bold move that raises intriguing questions about the asset class.
But it's not all numbers and stats - we're also bringing some Hollywood to the mix. We're discussing actress Cameron Diaz's surprising decision to retire at 45, a move that is almost unheard of in Hollywood. It's a thought-provoking story that encourages us to reflect on when 'enough is enough' in our own careers and financial pursuits. We round off the episode with a sobering report from Harvard on the decreasing supply of low-cost rentals countrywide, reminding us of the enduring worth of residential real estate. So buckle up, folks! It's going to be an illuminating and engaging ride through the world of investor news
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